Discover this great investment opportunity with a fully remodeled 6-unit complex on 30 acres with Interstate 30 frontage, just an hour northeast of Dallas. This property offers expansion potential for additional residential units, industrial, or retail spaces. Each unit, remodeled less than a year ago, is fully occupied and comes with warranties on the work. Additionally, there's a 3000 square foot large shop with its own entrance off a State Highway, perfect for business operations or leasing. The complex also has a laundry room with paid machines for additional Cash income. This investment opportunity combines modern living spaces with vast land for growth, making it a unique and lucrative venture in a rapidly developing area. Apartments generate approx $5600mo and shop building brings in $1400mo, If you wanted to purchase for future, The acreage could be leased for additional income.
Mls | 20524698 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 1997 |
Days On Site | 316 |
Listing Provided By | AT Home Texas Real Estate | Ashley Hammons |
Sq Feet | 6,644 |
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Storys | 1 |
Units | 6 |
Zoning | multi |
Acreage | 29.14 |
State | TX |
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County | Hopkins |
City | Cumby |
Zip Code | 75433 |
Area | Hopkins |
Community Name | Jonas Hailey Surv Abs #464 |
Listing VS Median (in Jonas Hailey Surv Abs #464) | |
Price: $1,800,000 low | high Med: $1,800,000 SqFt: 6,644 low | high Med: 6,644 $ / SqFt: $271 low | high Med: $271 On Site: 316 low | high Med: 316.000000 |